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United States · Bill · HR

H.R. 1464 (106th)

Income Averaging Equity Act

referredUnited States· United States Congress· EN

Introduced

15 April 1999

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

20 August 2025

Summary

Income Averaging Equity Act - Amends the Internal Revenue Code to revise the current income-averaging option for farm income. Allows a taxpayer to elect to increase or decrease taxable income for the taxable year and the three previous taxable years by moving elected farm income from any of such taxable years to any other of such years.

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Documents

3 official files

Introduced in House (text)

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Sources

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